Lennar (LEN) filed its quarterly report (10-Q) for fiscal Q3 2026 on October 2. Over nine months, net income was $818.0m while operations used $822.2m of cash.
In plain terms
Lennar reported a profit on paper. Over the same period, though, its business paid out more cash than it took in. Profit and actual cash moved in opposite directions.
What happened
Lennar (LEN) filed its quarterly report (10-Q) for fiscal Q3 2026 with the SEC on October 2. It covers June 1 to August 31, 2026. The cash flow statement covers nine months from the start of the fiscal year (December 1, 2025 to August 31, 2026).
Over nine months, net income was $818.0m while operations used $822.2m of cash.
All figures come from the filing the company made with the SEC. Year-earlier values and past trends come from data the SEC collects on each company. Sources are listed at the end.
We find the numbers that are in the filing but not in the news, and analyze what they mean, how big they are and what to watch next quarter — with the arithmetic and quarterly metrics. Cancel any time.
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FAQ
Where can I check these figures myself?
On SEC EDGAR, in Lennar's 10-Q (accession 0001628280-26-064557). The same values appear on the corresponding lines of the consolidated statements.
Are the ratios figures the company reports?
No. They divide two figures stated in the filing for the same period. The working is in the arithmetic table in the subscriber section.
Are figures from different periods mixed?
No. Income and cash items are divided only by items covering the same length of time, and balances are always stated against the previous fiscal year-end.
How aiSwingX™ wrote this
We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
An editor reviews before publication; any later change is recorded in the revision history.
Lennar Form 10-Q (fiscal Q3 2026, filed 2026-10-02): inline XBRL in the consolidated financial statements, SEC EDGAR accession 0001628280-26-064557 · SEC EDGAR · This article is not investment advice. Disclaimer
Frequently asked questions
Where can I verify the figures in this article?
Open the filing cited at the bottom of the article (e.g. the 10-Q note number) on SEC EDGAR via the link at the end of the article.
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